FounderFuel
Service Provider in Montreal, Quebec
FounderFuel is an intensive 12-week mentor-driven startup accelerator that will help your startup increase traction, secure partnerships, and get to revenue faster, all in an effort to help you raise follow-on funding. We provide seed funding and access to a network of investors (VCs and Angels), experienced entrepreneurs, and top executives, all to help you accelerate the success of your business. Whats all the hype about? Every year, hundreds of teams apply; only 20 teams are chosen to complete the two 3-month cohorts. Getting selected to join the program aint no walk in the park! How do I get in? The selection process is all about the people. We take a lot of care in choosing the smartest and most resourceful, dedicated, and passionate people we can find. If youre serious about getting in, sell yourself as much as you sell your business. What happens after I get in? Upon selection, your team will receive $50K of financing in exchange for 6% equity in your company, or if youre a hardware company youll can opt to get $100K for 9%. Youre also eligible for a $150K convertible note from BDC Venture Capital if youre judged to be venture ready at Demo Day. Youre then thrown into a high-octane environment where you are surrounded by like-minded entrepreneurial teams, investors, execs, and entrepreneurs. From this network youll receive invaluable advice through workshops, feature presentations, and one-on-one meetings with mentors and investors. In addition, you get immediate access to over $150K worth of perks and services from companies like Amazon AWS, Rackspace, and Azure, not to mention as much RedBull as you can handle. Gotta have something to keep you going late at night, right? At the end of the program, youll pitch before an audience of investors, members of the press and the startup community in efforts to secure financing for your startup on Demo Day. This provides you with a great opportunity to get exposure to investors from the US, Europe, and Canada, as well as with the media and startup community. If youre serious about taking your startup to the next level, we have the network and ecosystem to accelerate it.
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Locations
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51 Sherbrooke West
Montreal, Quebec
Canada H2X4C9